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Ramsey Everyday Millionaires

Should I Invest in Real Estate?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 16 October 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is sponsored by Smart Vestor.

0:07.2

Connect with an investing pro for free at RamseySolutions.com slash invest.

0:15.2

You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building

0:19.7

wealth, and outrageous generosity.

0:22.8

Carlos is with us in San Antonio, Texas.

0:25.4

Hi, Carlos, how are you?

0:26.4

Hi, how are you doing?

0:27.4

Thanks for having me.

0:28.4

Sure.

0:29.4

Well, I live abroad.

0:31.4

I live in work abroad.

0:32.9

I'm finally back in the US after about four years.

0:35.1

I was stuck because of COVID.

0:38.0

So about a year and a half ago, I sold my house while I was abroad.

0:42.6

And I wanted to now finally use the money and invest and make it work for me.

0:49.3

Now I've been back in the US for about two years.

0:51.3

I have a meeting with a friend who's a banker.

0:53.5

We're going to talk about possible investments.

0:55.6

But I have a friend who bought a piece of property in Thailand for about 30,000 in cash.

1:03.2

And I was thinking about doing the same thing.

1:06.5

So I might actually be in Thailand in about the next three weeks or so to take a look at some things.

1:12.7

It's just the first time I've had quite a chunk of change in the bank and being debt-free.

...

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